8-Unit Apartment
For Sale
$3,995,000
Halford, Santa Clara, CA 95051
ResidentialIncome, SantaClara, CA
Property Size8,454 SF
Lot Size0.23 Acres
Price / SF$472.56
Days on Market16
Property Features for Halford
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Parking features
Carport, Assigned
Appliances
Dishwasher, ExhaustFan, GarbageDisposal, OvenRangeGas, WasherDryer
Elementary school
SantaClaraUnified
Middle school
MarianAPetersonMiddle
High school
SantaClaraUnified
Elementary school district
SantaClaraUnified
High school district
SantaClaraUnified
Directions
Off Poinciana Dr & Miramar Way
Subdivision
SantaClara
Standard status
Active
APN
213-33-001
Size
8,454 SF
Lot size
0.23 Acres
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private patios or balconies
vaulted ceilings
laminate flooring
in-unit washers and dryers
dishwashers
individual hot water heaters
forced air heating and air conditioning
copper plumbing
dual-pane windows
dedicated storage closets
Building Details
Year built
1970
Flooring type
Laminate, Tile
Roof type
Composition
Listing Agency:
SiliconValley MultiFamilyGroup
Listed By:
Michael Shields · License #01327546
(408) 356-1900
Added: Oct 6
Changed: Oct 21
Last Checked: Oct 21 at 10:06AM
MLS# ML82063758
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8,454-square-foot apartment property contains eight residences on a 0.2347-acre site. The unit mix includes one 3-bedroom, 2-bathroom apartment of approximately 1,200 square feet, six 2-bedroom, 2-bathroom apartments each exceeding 1,050 square feet, and one 1-bedroom, 1-bathroom apartment of approximately 850 square feet. The property was built in 1970 and is fully occupied. Apartments feature patios or balconies, vaulted ceilings, laminate flooring, dishwashers, in-unit washers and dryers, and individual water heaters. Heating and air conditioning serve every unit; copper plumbing and dual-pane windows are also present. Ten tuck-under parking spaces include dedicated storage closets.
The property is near Santa Clara Town Centre and Franklin Square, with Westfield Valley Fair also nearby. Lawrence Expressway, Central Expressway, and Highways 101, 280, and 237 provide regional connections. Major employers listed within a 24-mile radius include NVIDIA, Intel, Applied Materials, Advanced Micro Devices, ServiceNow, Marvell Technology, Palo Alto Networks, and Agilent Technologies.
The property is near Santa Clara Town Centre and Franklin Square, with Westfield Valley Fair also nearby. Lawrence Expressway, Central Expressway, and Highways 101, 280, and 237 provide regional connections. Major employers listed within a 24-mile radius include NVIDIA, Intel, Applied Materials, Advanced Micro Devices, ServiceNow, Marvell Technology, Palo Alto Networks, and Agilent Technologies.
Key Highlights
- Eight occupied apartments with one 3BD/2BA, six 2BD/2BA, and one 1BD/1BA unit
- Unit sizes: approximately 1,200 sqft; six units each over 1,050 sqft; approximately 850 sqft
- 10 tuck‑under parking spaces, each with dedicated storage closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$159,886
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,197,720
$3.2M
Cap Rate 7%
$2,284,086
$2.3M
Cap Rate 9%
$1,776,511
$1.8M
Market Conditions
NOI Build-Up for 8,454 SF
Gross rent
$305.4K $36.12/SF
− Vacancy
−$14.7K −$1.73/SF
EGI
$290.7K $34.39/SF
− OpEx
−$130.8K −$15.47/SF
NOI
$159.9K $18.91/SF
Area
Santa Clara, CA
Vacancy
4.80%
Lease Rate
$36.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,197,720
Cap Rate 7%
$2,284,086
Cap Rate 9%
$1,776,511
Alternative Uses
Best Use
Apartment 5plus
$2.28M
$2.00M – $2.66M
NOI $159,886 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.10M
$4.47M – $5.95M
NOI $357,267 @ 7.0% cap · market cap 8.94%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
8
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
Explore this area
Business Placement
Demographics for 95051, CA
61,466
Population
25,152
Households
2.4
Avg Household Size
36
Median Age
71%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
9,313
Density / Sq Mi
$185,632
Median Household Income
$107,905
Median Earnings
$3,054
Median Rent
$1,623,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Occupied multifamily property with private outdoor spaces, in-unit laundry, and R3 zoning.
Where is this apartment building located?
The property is located at Halford Santa Clara, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Eight occupied apartments with one 3BD/2BA, six 2BD/2BA, and one 1BD/1BA unit; Unit sizes: approximately 1,200 sqft; six units each over 1,050 sqft; approximately 850 sqft; 10 tuck‑under parking spaces, each with dedicated storage closets
